Any time your business has a claim against a debtor for a short-term extension of credit, you will use an accounts receivable entry in your financial records and send an invoice to request payment ...

If your business extends credit to its customers, charging and collecting interest is well within your right. Most businesses with account receivables don't charge interest unless payment is really ...

Understand the vital role of analyzing accounts receivable in assessing a company's financial health and stability through ...

Companies often extend credit to other businesses in the form of a note, or a short-term loan. Most notes pay a stated rate of interest, resulting in interest revenue that the lender must record at ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Discover how long accounts receivable can stay outstanding, what impacts they have on businesses, and strategies for managing ...